An acceptable coherent framework of fundamental accounting principles is essential for preparing financial statements. The major reasons for providing the framework are to: 1) identify the essential concepts underlying the preparation and presentation of financial statements; 2)…
Applying International Financial Reporting Standards in a business situation can have a significant effect on the financial results and position of a division or an entire business enterprise. IFRS: A practical Guide gives private or public sector executives, managers, and finan…
Now in its sixth edition, and with previous editions translated into 15 languages, this publication gives readers a broad and basic understanding of the key issues for each International Financial Reporting Standard. It summarizes each standard, providing a quick reference for m…